A Review of the Equinox Income Opportunity
Jul 4th, 2008 |
On April 20, 2000, the US District court of the District of Nevada ordered Equinox to shut down and liquidate their business. The Federal Trade Commission has been watching pyramid-marketing schemes for a long time. During this time, they have found many fraudulent complaints. There are many network marketing companies that are legitimate, but the FTC is out to protect the consumers against fraud.
The Federal Trade Commission has proposed new rulings for Pyramid Marketing. In the explanation by the FTC have alleged violations against Equinox Corporation of state securities laws; deceptive trade practices laws, false advertising laws, pyramid laws and licensing requirement laws.
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